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Pembina Pipeline Corporation Declares April 2019 Common Share Dividend, Quarterly Preferred Share Dividend and Announces First Quarter 2019 Results Conference Call and Webcast
Pembina Pipeline Corporation Declares April 2019 Common Share Dividend, Quarterly Preferre...
About this update from Pembina Pipeline Corporation
[{"type":"text","content":"\n\n\n\nPembina Pipeline Corporation Declares April 2019 Common Share Dividend, Quarterly Preferred Share Dividend and Announces First Quarter 2019 Results Conference Call and Webcast\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, April 9, 2019\n\n\n\nCALGARY, April 9, 2019 /CNW/ - Pembina Pipeline Corporation (\"Pembina\" or the \"Company\") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for April 2019 of $0.19 per share to be paid, subject to applicable law, on May 15, 2019 to shareholders of record on April 25, 2019. These dividends are designated \"eligible dividends\" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered \"qualified dividends\" and may be subject to Canadian withholding tax.\nFor shareholders receiving their common share dividends in U.S. funds, the April 2019 cash dividend is expected to be approximately U.S. $0.1426 per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of 0.7505. The actual U.S. dollar dividend will depend on the Canadian/U.S. dollar exchange rate on the payment date and will be subject to applicable withholding taxes.\nConfirmation of Record and Payment Date Policy\nPembina pays cash dividends on its common shares in Canadian dollars on a monthly basis to shareholders of record on the 25th calendar day of each month (except for the December record date, which is December 31st), if, as and when determined by the Board of Directors. Should the record date fall on a weekend or...